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CMS Energy CMS Total Liabilities & Equity

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Other financials

Income statement

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Revenue$2.7B+11.6%
Operating income$490.0M-0.8%
Net income$340.0M+11.8%
EPS (diluted)$1.10+8.9%

Balance sheet

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Cash & equivalents$263.0M-50.0%
Total debt$19.1B+12.7%
Total equity$9.5B+13.6%
Total assets$40.3B+11.0%

Cash flow

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Operating cash flow$705.0M-29.5%
CapEx$1.0B+17.0%
Free cash flow-$334.0M-398%

Valuation

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Market cap$22.97B+6.3%
Enterprise value$41.83B+8.1%
P/E20.8×-0.4×
P/S2.6×-0.1×

Profitability

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Operating margin19.5%-0.6pp
Net margin12.5%-0.6pp
FCF margin12.8%-8.1pp

Returns & leverage

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Return on equity12.4%-0.1pp
Debt / equity0.0×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by CMS Energy in its filing.

Tagged under the XBRL concept us-gaap:LiabilitiesAndStockholdersEquity.

The official record: CMS Energy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CMS Energy's total liabilities & equity?
CMS Energy (CMS) reported total liabilities & equity of $40.29B in Q1 2026.
How has CMS Energy's total liabilities & equity changed year-over-year?
CMS Energy's total liabilities & equity increased by 11.0% year-over-year, from $36.3B to $40.29B.
What is the long-term trend for CMS Energy's total liabilities & equity?
Over 5 years (2020 to 2025), CMS Energy's total liabilities & equity has grown at a 6.1% compound annual growth rate (CAGR), from $29.67B to $39.94B.
What does total liabilities & equity mean?
Total assets = total liabilities + total equity. This must always balance — a fundamental accounting identity.